Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as next month, as investors pounce for any signs of progress from Powell in his war on inflation. U.S. Federal Reserve chair Jerome Powell…
Jerome Powell speaks this afternoon and markets will be listening for any hints on interest rates. … [+] (Photo by Alex Wong/Getty Images) Getty Images Key Takeaways Holiday Spending Uninspiring So Far Housing Prices Fall Jerome Powell Speaks It’s been a relatively quiet start to the week for equities, but that could change. Economic data…
value investment concept. getty These are value stocks. You can tell by the low price-earnings ratio, the fact that they are now trading below their book value and that they pay dividends to their investors. Obviously there’s more to a value stock but if you start with those 3 basic factors, you’re probably on your…
Tesla Model S electric car at a supercharger charging station getty Tesla (NYSE: TSLA) shareholders must wondering what is going on. The stock is hitting new 52-week lows and the Chief Executive Officer is spending time these days at Twitter making sure that blue check marks go to the right people. Meantime, their car stock…
. In this article I cover the Wanger stock-picking strategy and give you a list of stocks currently passing our screen based on the approach. Ralph Wanger’s investing style of holding small companies with financial strength, entrepreneurial managers and understandable businesses allowed him to generate enviable returns while managing the Acorn Fund between 1970 and…
Colourful overlapping silhouettes of people voting in USA elections getty What a week it was. First, the midterm elections failed to produce the “red wave” that most pollsters and pundits predicted. As I write this, the Democrats have maintained control of the Senate while it’s still unclear which party will have control of the House.…
The recent headline about the IRS allowing 401(k) investors to contribute more money in 2023 is a dual-edged sword: More money for retirement is great, but where do you put those extra dollars? (Photo by Spencer Platt/Getty Images) Getty Images Here’s the good part: Since the IRS adjusts 401(k) contributions to inflation, it’s allowing Americans…
. Chemical Stocks Recent News After a rocky few years with supply chain disruptions, chemical companies look to rebound heading into 2023. Fifty-five percent of chemical manufacturers reported that port-related delays and congestion have worsened since the third quarter of 2021. The industry has been expanding to digital customer experience, using mobile devices for interaction,…
The Fed is highly likely to increase its federal funds rate 50 basis points at its December meeting. … [+] (Photo by Mark Wilson/Getty Images) Getty Images A highly visible barometer of market expectations is showing a more than 80% likelihood that Federal Reserve policymakers will opt for a 50 basis point rate hike in…
2022 Midterm Election in USA getty Third quarter earnings season is beginning to wind down, with only 31 S&P 500 companies reporting. 85% of S&P 500 companies have reported results so far, with 70% and 71% exceeding consensus earnings and sales estimates, respectively. The S&P 500 fell by over 3% last week, but that had…